Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$981M |
| 2 |
Apple
AAPL
|
+$704M |
| 3 |
Amazon
AMZN
|
+$670M |
| 4 |
Merck
MRK
|
+$431M |
| 5 |
NVIDIA
NVDA
|
+$414M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KSU
Kansas City Southern
KSU
|
+$441M |
| 2 |
JD.com
JD
|
+$196M |
| 3 |
Aon
AON
|
+$184M |
| 4 |
VER
VEREIT, Inc.
VER
|
+$165M |
| 5 |
Dell
DELL
|
+$138M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.2% |
| 2 | Healthcare | 13.25% |
| 3 | Financials | 13.01% |
| 4 | Consumer Discretionary | 11.99% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
InterDigital
IDCC
$7.98B
| $38.4M | ﹤0.01% |
535,718
+6,777
| +1% | +$472K |
|
1502
Virtus Investment Partners
VRTS
$1.13B
| $38.3M | ﹤0.01% |
128,998
+2,500
| +2% | +$776K |
|
1503
Antero Midstream
AM
$10.4B
| $38.3M | ﹤0.01% |
3,957,738
+245,383
| +7% | +$2.54M |
|
1504
SkinHealth Systems
SKIN
$90.6M
| $38.3M | ﹤0.01% |
1,583,398
+145,403
| +10% | +$3.75M |
|
|
FSR
1505
DELISTED
Fisker Inc.
FSR
| $38.2M | ﹤0.01% |
2,425,369
-32,409
| -1% | -$561K |
|
1506
Revolve Group
RVLV
$1.86B
| $38.1M | ﹤0.01% |
679,567
+33,136
| +5% | +$2.33M |
|
1507
Stem
STEM
$50.3M
| $37.9M | ﹤0.01% |
100,011
+31,585
| +46% | +$13.7M |
|
|
ANAT
1508
DELISTED
American National Group, Inc. Common Stock
ANAT
| $37.9M | ﹤0.01% |
200,763
+16,378
| +9% | +$3.1M |
|
1509
Lakeland Financial Corp
LKFN
$1.56B
| $37.9M | ﹤0.01% |
472,553
+3,747
| +0.8% | +$279K |
|
|
B
1510
DELISTED
Barnes Group Inc.
B
| $37.8M | ﹤0.01% |
810,948
+10,759
| +1% | +$475K |
|
|
HOUS
1511
DELISTED
Anywhere Real Estate
HOUS
| $37.8M | ﹤0.01% |
2,245,774
-26,698
| -1% | -$465K |
|
1512
Mueller Water Products
MWA
$4.04B
| $37.7M | ﹤0.01% |
2,619,991
-28,345
| -1% | -$426K |
|
1513
Towne Bank
TOWN
$3.48B
| $37.7M | ﹤0.01% |
1,192,374
+16,760
| +1% | +$534K |
|
1514
Cardlytics
CDLX
$23.6M
| $37.7M | ﹤0.01% |
56,988
+2,446
| +4% | +$1.87M |
|
1515
Fulgent Genetics
FLGT
$500M
| $37.6M | ﹤0.01% |
374,211
+14,369
| +4% | +$1.26M |
|
|
CVET
1516
DELISTED
Covetrus, Inc. Common Stock
CVET
| $37.6M | ﹤0.01% |
1,881,479
+69,587
| +4% | +$1.31M |
|
|
CPE
1517
DELISTED
Callon Petroleum Company
CPE
| $37.5M | ﹤0.01% |
793,314
+135,823
| +21% | +$7.27M |
|
1518
Renasant Corp
RNST
$4.02B
| $37.4M | ﹤0.01% |
984,664
+58,962
| +6% | +$2.23M |
|
1519
White Mountains Insurance
WTM
$5.2B
| $37.4M | ﹤0.01% |
36,853
+375
| +1% | +$396K |
|
1520
Enpro
NPO
$7.06B
| $37.4M | ﹤0.01% |
339,454
-42,891
| -11% | -$4.31M |
|
1521
Applovin
APP
$136B
| $37.3M | ﹤0.01% |
395,502
+16,843
| +4% | +$1.57M |
|
1522
Bilibili
BILI
$8.05B
| $37.2M | ﹤0.01% |
807,306
+51,166
| +7% | +$3.42M |
|
1523
AdaptHealth
AHCO
$1.47B
| $37.2M | ﹤0.01% |
1,520,499
+26,877
| +2% | +$631K |
|
|
NXRT
1524
NexPoint Residential Trust
NXRT
$660M
| $37.2M | ﹤0.01% |
443,620
-3,733
| -0.8% | -$276K |
|
1525
Opko Health
OPK
$978M
| $37.2M | ﹤0.01% |
7,730,412
+1,682
| +0% | +$6.81K |
|
Similar funds
Geode Capital Management's Q4 2021 Portfolio in Review
As of Q4 2021, Geode Capital Management held 5,071 positions worth $830B, up 12% from $743B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Geode Capital Management's Q4 2021 filing shows 216 new, 2,976 increased, 1,070 reduced and 95 closed positions. Its largest new stake was Rivian: 2,078,098 shares worth $215M. The largest sale was Kansas City Southern, an estimated $441M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q4 2021 buy was Rivian: 2,078,098 shares worth $215M.
- Geode Capital Management added most to Microsoft in Q4 2021, an estimated $981M increase.
- Geode Capital Management's biggest Q4 2021 reduction was JD.com, cutting an estimated $196M.
- Geode Capital Management fully exited Kansas City Southern in Q4 2021, selling an estimated $441M.
- Geode Capital Management's ten largest holdings make up 24% of its $830B portfolio in Q4 2021.
- Geode Capital Management opened 216 new positions and closed 95 in Q4 2021.
- Geode Capital Management's portfolio value rose 12% quarter-over-quarter to $830B.
Based on Geode Capital Management's 13F filing for Q4 2021, filed 11 Feb 2022.